{"id":2943,"date":"2011-05-05T11:37:25","date_gmt":"2011-05-05T11:37:25","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=2943"},"modified":"2011-05-05T11:37:25","modified_gmt":"2011-05-05T11:37:25","slug":"why_do_i_have_to_mortgage_my_h","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=2943","title":{"rendered":"Why Do I Have To Mortgage My House To Fill Up My Gas Tank ?"},"content":{"rendered":"

As gasoline prices at the pump climb rapidly, politicians are looking for ways to avoid taking responsibility for ways in which their actions have caused the rapid price rise.  We need to listen carefully to what is being said in order to sort out the political garbage from the facts.<\/p>\n

John Hinderaker posted a story at Power Line<\/a> yesterday laying out the conditions that are responsible for the current obscenity at the gas pump.  <\/p>\n

The article reports:<\/p>\n

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“Harry Reid uttered one of the more brain-dead non sequiturs of recent memory a few days ago:<\/em><\/p>\n

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We have to do something about these soaring gas prices. We need to take away the subsidies of these five major oil companies.<\/em><\/p>\n<\/blockquote>\n

“In fact, of course, the oil companies are huge taxpayers, and the “subsidies” are ordinary deductions that slightly reduce the oil companies’ immense tax liabilities. They are not actual government subsidies, like the ones that go to the Democrats’ corporate cronies in the “green” energy business, which exists only by virtue of government largesse.”<\/em><\/p>\n<\/blockquote>\n

As the argument of taking away routine tax deductions from the oil companies moves through Congress, keep in mind that it is a bogus argument.<\/p>\n

Commodity prices are rising rapidly because the dollar has been devaluated in recent years.  Power Line posted the chart below:<\/p>\n

\"Global-Commodity-Price-Increases-V3.png\"<\/a><\/span><\/p>\n

The article comments:<\/span><\/p>\n

<\/p>\n

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“How about those cotton prices? Time to raise taxes on Jockey and Fruit of the Loom! That’ll show ’em!<\/em><\/p>\n

“So what is really happening is not that oil, or gold, or cotton has suddenly gotten more valuable. Rather, the dollar has gotten less valuable. Why? Because of the Fed’s quantitative easing plan, which has the full support of the Obama administration. It doesn’t take a genius to figure out that cheapening the dollar makes everything more expensive. Maybe someone could explain this to Harry Reid.”<\/em><\/p>\n<\/blockquote>\n

Don’t confuse Harry Reid with facts.<\/p>\n

<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

As gasoline prices at the pump climb rapidly, politicians are looking for ways to avoid taking responsibility for ways in which their actions have caused the rapid price rise.  We need to listen carefully to what is being said in … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2943","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/2943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2943"}],"version-history":[{"count":0,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=\/wp\/v2\/posts\/2943\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rightwinggranny.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}